General Motors’ Super Cruise once again edged Tesla Inc’s Autopilot in a review of 17 vehicles geared up with active driving assistance systems (ADAS) by Consumer Reports, the auto testing organization said on Wednesday. A Tesla Model Y fitted with Autopilot completed with “a distant second,” to a Cadillac CT6 equipped with Super Cruise, which […]

Tesla Inc said on Monday it would begin exporting China-made Model 3 cars to over 10 European nations this month, joining an increasing number of automakers using China as an export hub for electric vehicles. The U.S. automaker, which started providing vehicles made in its Shanghai factory in December, will export China-made cars this month […]

Tesla Inc said on Tuesday it reduced the price of its Model S “Long Range” sedan by 4% in the United States, days after the automaker reported record quarterly deliveries. The automaker, which is expected to report third-quarter results on October 21, reduced the price to $71,990 from $74,990 in the United States. It also […]

Tesla Inc is in talks with BHP Group regarding a nickel supply deal as the electric automaker targets higher production and seeks to prevent a supply crunch, Bloomberg News reported on Tuesday, citing people knowledgeable with the matter. Talks are held up on costing and no final agreement has been reached until now between Tesla and […]

Tesla Inc said on Friday that it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric automaker. The automaker beat consensus estimates by Refinitiv for deliveries of 134,720 vehicles, but fell short of some of Wall Street’s most bullish forecasts, with experts issuing a wide range of estimates. Tesla made deliveries […]

Tesla Inc CEO Elon Musk indicated on Friday that the U.S. electric automaker will enter India in 2021. “Next year for sure,” Musk said on Twitter in reply to a post with a picture of a T-shirt with the message: “India wants Tesla”. “Thanks for waiting,” Musk added. Tesla’s entry could come at a time […]

U.S. electric automaker Tesla reduce the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehicles are taken into account. The update on the company’s China website showed. Previously, the starting price for Model 3 sedans made in Tesla’s Shanghai factory with […]

Tesla Inc is pressing ahead with preparation to build its new factory in Germany and intends to build battery cells and battery packs at the site located in Brandenburg, near Berlin, a spokesman for the U.S. automaker said on Wednesday, following assurances it would not use too much water. Tesla said on Thursday it would […]

Panasonic is exploring options for new electric car battery production with partner Tesla after the electric automaker revealed a plan to expand output and halve the price of the major auto component, the Japanese company said on Wednesday. “We are considering a variety of options, but nothing has been determined at this time,” a Panasonic […]

Shares of Asian battery suppliers dropped on Wednesday after Tesla Inc outlined a strategy to halve the cost of its electric vehicle batteries and increase the production of the major auto component in-house. The fortunes of battery makers in South Korea, Japan, and China are associated with Tesla, the EV market leader, as they provide […]

Tesla Inc CEO Elon Musk said on Monday improvements to be revealed at the electric automaker’s “Battery Day” event would not reach “serious high-volume production” until 2022, leading to a decline in its shares. Many analysts and industry officials expected Musk to reveal battery improvements at the widely-anticipated event, extending the company’s lead over major […]

Tesla held initial discussions with Karnataka government officials on September 10, who are looking for a possible investment by American electric automaker in a research facility located in Bengaluru, people familiar with the matter said. A followup meeting is expected later this month, they said, in which the state officials are expected to present a detailed proposal to the […]

Tesla Inc has a chance to deliver a record number of vehicles in the third quarter, the U.S. electric automaker’s CEO Elon Musk said in an internal email, urging workers to work hard to achieve that goal. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to […]

Microsoft co-founder Bill Gates doesn’t think it’s fair to refer to Tesla CEO Elon Musk as “the next Steve Jobs,” the billionaire philanthropist said during an interview on Bloomberg TV. When asked by Bloomberg‘s correspondent Erik Schatzker if Musk was indeed the next Jobs, Gates answered: “If you know people personally, that kind of gross […]

Tesla Inc’s stock was set for a fifth consecutive session of gains as expectation heats up for its “Battery Day” event next week, recouping some of its latest valuation declines after a sell-off and surprise exclusion from the S&P. The company’s shares were up as much as 4.4% at $437.89 in early trading on Tuesday. Traders […]